Filed: 8/14/2023ACC: 0001308555-23-000004
📋 What this filing means
MOUNTAIN LAKE INVESTMENT MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 16 equity positions with a total reported market value of $160.07M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
16
Positions
$160.07M
Total AUM (reported)
5.20M
Total Shares
Allocation by class
COM$60.18M37.6%
UNIT SER 1$31.40M19.6%
TR UNIT$19.95M12.5%
PHYSCL GOLD SHS$12.55M7.8%
CLASS A COM$11.77M7.4%
COM NEW$8.51M5.3%
ORD SHS A$8.49M5.3%
Portfolio Concentration
Top 3$65.81M41.1%
4–10$66.50M41.5%
11–25$27.77M17.3%
Top 3 weight
41.1%
Top 10 weight
82.7%
Voting Authority Distribution
Total shares with voting rights: 5.07M
Sole
Full voting authority
5.07M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole16
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings16
Rows:
INVESCO QQQ TR
SOLEShares85K
TypeSH
Market value$31.40M
19.62%
Sole
0.00
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares45K
TypeSH
Market value$19.95M
12.46%
Sole
0.00
Shared
0.00
None
0.00
ALLEGIANT TRAVEL CO
SOLEShares114.50K
TypeSH
Market value$14.46M
9.03%
Sole
114.50K
Shared
0.00
None
0.00
ABRDN GOLD ETF TRUST
SOLEShares683K
TypeSH
Market value$12.55M
7.84%
Sole
683K
Shared
0.00
None
0.00
SITIO ROYALTIES CORP
SOLEShares448K
TypeSH
Market value$11.77M
7.35%
Sole
448K
Shared
0.00
None
0.00
SEADRILL 2021 LTD
SOLEShares211.80K
TypeSH
Market value$8.74M
5.46%
Sole
211.80K
Shared
0.00
None
0.00
PRECISION DRILLING CORP
SOLEShares174.50K
TypeSH
Market value$8.51M
5.31%
Sole
174.50K
Shared
0.00
None
0.00
NOBLE CORP PLC
SOLEShares205.50K
TypeSH
Market value$8.49M
5.30%
Sole
205.50K
Shared
0.00
None
0.00
VISTA OUTDOOR INC
SOLEShares300K
TypeSH
Market value$8.30M
5.19%
Sole
300K
Shared
0.00
None
0.00
EQT CORP
SOLEShares198K
TypeSH
Market value$8.14M
5.09%
Sole
198K
Shared
0.00
None
0.00
NEXGEN ENERGY LTD
SOLEShares1.63M
TypeSH
Market value$7.69M
4.81%
Sole
1.63M
Shared
0.00
None
0.00
ANTERO RESOURCES CORP
SOLEShares305.50K
TypeSH
Market value$7.04M
4.40%
Sole
305.50K
Shared
0.00
None
0.00
SPROTT PHYSICAL GOLD TR
SOLEShares360K
TypeSH
Market value$5.37M
3.36%
Sole
360K
Shared
0.00
None
0.00
TRIPLE FLAG PRECIOUS METAL
SOLEShares330K
TypeSH
Market value$4.55M
2.84%
Sole
330K
Shared
0.00
None
0.00
SPROTT FDS TR
SOLEShares108K
TypeSH
Market value$1.85M
1.16%
Sole
108K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares2.35K
TypeSH
Market value$1.27M
0.79%
Sole
2.35K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
INVESCO QQQ TRSOLE | UNIT SER 1 | 85K | SH | $31.40M 19.62% | 0.00 | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 45K | SH | $19.95M 12.46% | 0.00 | 0.00 | 0.00 |
ALLEGIANT TRAVEL COSOLE | COM | 114.50K | SH | $14.46M 9.03% | 114.50K | 0.00 | 0.00 |
ABRDN GOLD ETF TRUSTSOLE | PHYSCL GOLD SHS | 683K | SH | $12.55M 7.84% | 683K | 0.00 | 0.00 |
SITIO ROYALTIES CORPSOLE | CLASS A COM | 448K | SH | $11.77M 7.35% | 448K | 0.00 | 0.00 |
SEADRILL 2021 LTDSOLE | COM | 211.80K | SH | $8.74M 5.46% | 211.80K | 0.00 | 0.00 |
PRECISION DRILLING CORPSOLE | COM NEW | 174.50K | SH | $8.51M 5.31% | 174.50K | 0.00 | 0.00 |
NOBLE CORP PLCSOLE | ORD SHS A | 205.50K | SH | $8.49M 5.30% | 205.50K | 0.00 | 0.00 |
VISTA OUTDOOR INCSOLE | COM | 300K | SH | $8.30M 5.19% | 300K | 0.00 | 0.00 |
EQT CORPSOLE | COM | 198K | SH | $8.14M 5.09% | 198K | 0.00 | 0.00 |
NEXGEN ENERGY LTDSOLE | COM | 1.63M | SH | $7.69M 4.81% | 1.63M | 0.00 | 0.00 |
ANTERO RESOURCES CORPSOLE | COM | 305.50K | SH | $7.04M 4.40% | 305.50K | 0.00 | 0.00 |
SPROTT PHYSICAL GOLD TRSOLE | UNIT | 360K | SH | $5.37M 3.36% | 360K | 0.00 | 0.00 |
TRIPLE FLAG PRECIOUS METALSOLE | COM | 330K | SH | $4.55M 2.84% | 330K | 0.00 | 0.00 |
SPROTT FDS TRSOLE | JUNIOR URANIUM | 108K | SH | $1.85M 1.16% | 108K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 2.35K | SH | $1.27M 0.79% | 2.35K | 0.00 | 0.00 |